73
73
Dec 3, 2013
12/13
by
KPIX
tv
eye 73
favorite 0
quote 0
if it's not a sales tax at the time of purchase you're supposed to keep your receipts and pay the tax at the end of the year. people don't do it. >> stores are losing business to online retailers because shoppers aren't forced to pay some taxes online. >>> a new planned parenthood facility opening today in san mateo county. it is in the north fair oaks area just outside redwood city. protestors are trying to stop it and as kpix 5's ryan takeo reports, this comes two years after a public backlash prevented the group from opening nearby. >> it's troubling to our community that this kind of healthcare is coming and a breakdown of family values. >> reporter: linda potter has lived in redwood city for 50 years. she and a group of protestors are opposed to the opening of a planned parenthood clinic on el camino real. potter says it's not just about abortion. she says the clinic will lower property values. >> this isn't helping. this used to be a family restaurant where they could have community. and now it's a blight. >> we come to expect a bit of a presence of protestors at some of our hea
if it's not a sales tax at the time of purchase you're supposed to keep your receipts and pay the tax at the end of the year. people don't do it. >> stores are losing business to online retailers because shoppers aren't forced to pay some taxes online. >>> a new planned parenthood facility opening today in san mateo county. it is in the north fair oaks area just outside redwood city. protestors are trying to stop it and as kpix 5's ryan takeo reports, this comes two years after a...
171
171
Dec 4, 2013
12/13
by
KPIX
tv
eye 171
favorite 0
quote 0
with a tax credit, his new plan will cost $112. looks like it's going to work out for everyone. the savings are unimaginable. >> reporter: in dallas, le dawn stark spent yesterday afternoon trying to sign up, too. she's been uninsured for the last three years and her attempts to log on in october were unsuccessful. >> i was not even able to get to the point to where it tells you about the different plans available. >> reporter: she tried to enroll on the revamped site. compare this to the old web site. >> this is far better. >> reporter: but a few minutes later a problem occurred. the system did not recognize her son's social security number and she could not go forward. you were hoping to sign up today. >> i'm going to call them and we're going to get to the bottom of this because i need to get this done. >> reporter: le dawn stark tried to set up an account by phone today but still was not able to complete the enrollment process. scott, she says she will try again in a few days. >> pelley: manuel, thanks very much. tonight a massive snowstorm is threatening an area from the ro
with a tax credit, his new plan will cost $112. looks like it's going to work out for everyone. the savings are unimaginable. >> reporter: in dallas, le dawn stark spent yesterday afternoon trying to sign up, too. she's been uninsured for the last three years and her attempts to log on in october were unsuccessful. >> i was not even able to get to the point to where it tells you about the different plans available. >> reporter: she tried to enroll on the revamped site. compare...
158
158
Dec 5, 2013
12/13
by
KPIX
tv
eye 158
favorite 0
quote 0
we entered all my tax info and income and stuff, and i was pleasantly surprised. >> reporter: erin is in her 40s and has health issues but for the new law to work, the white house needs millions of healthy young people to sign up to make coverage more affordable for everyone else. the president made his pitch during a white house youth summit wednesday. >> i hope you haven't been discouraged by how hard it's been because stuff that's worth it is always hard. >> reporter: a new harvard university poll shows just 20% of americans under age 30 plan to enroll in a health care plan as part of the affordable care act. nearly half say they're unlikely to sign up. >> i would rather do the finer things, obviously. i don't know how much health insurance is but i know it's a lot more than that. >> reporter: the white house is hoping 7 million americans will sign up by april. now, as part of the administration's effort to focus on a different benefit, today the white house is going to be concentrating on insurance companies and getting word out how they are prohibited from discriminating against
we entered all my tax info and income and stuff, and i was pleasantly surprised. >> reporter: erin is in her 40s and has health issues but for the new law to work, the white house needs millions of healthy young people to sign up to make coverage more affordable for everyone else. the president made his pitch during a white house youth summit wednesday. >> i hope you haven't been discouraged by how hard it's been because stuff that's worth it is always hard. >> reporter: a new...
225
225
Dec 3, 2013
12/13
by
KPIX
tv
eye 225
favorite 0
quote 0
man of tax foundation explains not every online retailer is required to collect tax. back in the '70s the supreme court ruled that only businesses with a nexus, or a physical presence in the state, had to collect sales tax. but last year, california lawmakers went one step further. >> california is one of 12 states that passed a law that redefines physical presentations. >> reporter: it was coined the amazon tax and focused on large retailers lik amazon. some courts found the law unconstitutional. but the u.s. supreme court has decided to let a similar stand in new york. here in california the law went into effect last year requiring companies like amazon to collect tax at the time of purchase. >> regardless of whether they charge, you have to pay the tax. if it's not a sales tax at the time of purchase, you're supposed to keep your receipts and pay a use tax at the end of the year. nobody does it. >> reporter: but buyer beware. while henchman says for now the state is only likely to go for you on taxes like big items like cars or art, when it comes not fluctuating ec
man of tax foundation explains not every online retailer is required to collect tax. back in the '70s the supreme court ruled that only businesses with a nexus, or a physical presence in the state, had to collect sales tax. but last year, california lawmakers went one step further. >> california is one of 12 states that passed a law that redefines physical presentations. >> reporter: it was coined the amazon tax and focused on large retailers lik amazon. some courts found the law...
192
192
Dec 3, 2013
12/13
by
KPIX
tv
eye 192
favorite 0
quote 0
." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a lower court ruling in new york. it ruled that websites like amazon and overstock must pay sales tax the same way in-state businesses do. the supreme court decision came on what appears to be the busiest online shopping day of the year, cyber monday. early indications are that online sales yesterday were up 17.5% from last year. mobile devices accounted for nearly a third of all online shopping. >>> stocks in asia finished mostly lower amid key reports in the u.s. hong kong's hang seng's lost 0.5%. tokyo's nikkei gained 0.5% to its highest close in six years thanks to a weekend yen. the dow jones lost 77 points
." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a...
207
207
Dec 5, 2013
12/13
by
KPIX
tv
eye 207
favorite 0
quote 0
we entered all my tax info and income and stuff and i was pleasantly surprised. >> reporter: erin is 43 and has had some recent health issues. for obamacare to succeed, millions of young healthy americans will need to enroll to offset the costs of consumers like erin. president obama asks for help today at a white house youth summit. >> i'm going to need you all to spread the world about how the affordable care act really works, what its benefits are, what its protections are and, most importantly, how people can sign up. >> reporter: one lingering and significant problem with obamacare remains: accurate consumer data in many cases is not reaching insurance companies. late today, scott, the administration and top figures in the insurance industry said they are working together on a technological fix. >> pelley: major, thank you. the numbers are improving for home sales again. the government reported today that sales of new homes in october jumped more than 25%. that was the biggest monthly gain since 1980. thieves stole a truck carrying radioactive material. how can it be? synthetic
we entered all my tax info and income and stuff and i was pleasantly surprised. >> reporter: erin is 43 and has had some recent health issues. for obamacare to succeed, millions of young healthy americans will need to enroll to offset the costs of consumers like erin. president obama asks for help today at a white house youth summit. >> i'm going to need you all to spread the world about how the affordable care act really works, what its benefits are, what its protections are and,...
96
96
Dec 3, 2013
12/13
by
KPIX
tv
eye 96
favorite 0
quote 0
tax at the end of the year. not a lot of people do that. >> brick and mortar stores have long complained they are losing business to online retailers because shoppers aren't forced to pay taxes online. >>> 5:39. the new york commuter train that derailed killing four passengers was speeding. all seven cars of a metro-north train ran off the tracks on a sharp curve in the bronx on sunday. the speed limit for the curve 30 miles per hour. the train was going 82 miles an hour at the curve. it's not clear what caused the crash. the engineer has been questioned. >>> autopsy results for actor paul walker could be released today. the movie star and a friend killed in a fiery crash over the weekend. there were reports the pair had been racing another car before the accident but as teresa garcia reports, investigators have ruled it out. >> reporter: this video obtained by "omg! insider" shows the crash and the explosion that created a huge plume of smoke and fire on saturday. the crash killed paul walker and the driver, pr
tax at the end of the year. not a lot of people do that. >> brick and mortar stores have long complained they are losing business to online retailers because shoppers aren't forced to pay taxes online. >>> 5:39. the new york commuter train that derailed killing four passengers was speeding. all seven cars of a metro-north train ran off the tracks on a sharp curve in the bronx on sunday. the speed limit for the curve 30 miles per hour. the train was going 82 miles an hour at the...
465
465
Dec 3, 2013
12/13
by
KPIX
tv
eye 465
favorite 0
quote 0
already amazon collects taxes in 16 states. there's still a lot of states out there especially in the midwest that amazon is not collecting taxes. >> which leads to this question is it possible that congress will step in and doing something? >> no one is counting on that. amazon wanted that to happen. they're like why did they want congress do this. they wanted this national e-mers tax for one specific reason. they thought it would be lower than what they would pay at the state and national level and that would keep their competitive advantage around price. they as no longer wanted to deal with this bure aboutaucracy where they had to hire a lot of people. >> how significant was the tax differential in terms of what consumers were buying? in other words as an incentive to buy was the reduction in price because of no tax significance? >> yeah let's just say new york city here. new york city your tax rate is all of your christmas shopping et cetera, that makes a difference. that's another gift. you know that's real money. >> ew t
already amazon collects taxes in 16 states. there's still a lot of states out there especially in the midwest that amazon is not collecting taxes. >> which leads to this question is it possible that congress will step in and doing something? >> no one is counting on that. amazon wanted that to happen. they're like why did they want congress do this. they wanted this national e-mers tax for one specific reason. they thought it would be lower than what they would pay at the state and...
345
345
Dec 4, 2013
12/13
by
KPIX
tv
eye 345
favorite 0
quote 0
the tax base erodes it was mismanaged and ends up like this. >> there are a number of other cities across the country that face shortfalls. do you think you'll see other cities starting to declare bankruptcy? >> i don't think it's anything anybody wants to do detroit's situation is particularly dire. but this is a noose that's tightening around city and state's necks for decades. and the recession pulled it tight. a pension plan is supposed to be 80% funded. there are 34 states in this country that are under that barometer. only one state, wisconsin, has a fully funded pension plan. you're looking at the numbers we are $1.3 trillion short in states of what we need. >> for retirees when you hear this, this is really scary. >> basically this is something we've had to confront for a long time and we're finally hit with it. but the truth is states can't pay this bill. and they're going to have to do something about it. they're starting to. illinois just yesterday passed legislation they're $100 billion in the hole. >> if the states can't, what's happened? >> what has to happen is workers have
the tax base erodes it was mismanaged and ends up like this. >> there are a number of other cities across the country that face shortfalls. do you think you'll see other cities starting to declare bankruptcy? >> i don't think it's anything anybody wants to do detroit's situation is particularly dire. but this is a noose that's tightening around city and state's necks for decades. and the recession pulled it tight. a pension plan is supposed to be 80% funded. there are 34 states in...